48

Investment - Homes for Sale in Norfolk, VA

Section Image Section Image
  • /45

    $460,000

    • 3 Beds
    • 4.5 Baths
    • 1,612 Sq Ft

    9573 6th Bay St, Norfolk, VA 23518

    Great beach home rental investment opportunity, a few blocks from the Chesapeake Bay in East Ocean View. Built in 2016 near Bay Oaks Park, a desirable canopy of trees and walking trails and to the beach surrounded by newer homes and recreational beach and golf cart community activities. This 3 level, 1612 sf home features 3 bedrooms, 3 baths above the 806 sf, attached 2 car garage with additional

    Agent Photo

    Judy Boone

    Judy Boone Realty Inc.

    9573 6th Bay St, Norfolk, VA 23518
  • /2

    $175,000

    • 3 Beds
    • 1 Bath
    • 1,550 Sq Ft

    3500 Tait Terrace, Norfolk, VA 23513

    This property is a great Investment opportunity. The house is offered together with adjacent lot 3504 Tait Terrance priced separately. There is great potential for this nice corner lot. Selling as-is where-is; seller to do no repairs. Rehab loan or Cash only.

    Agent Photo

    Sudan Weng

    Green Tree Real Estate Inc

    3500 Tait Terrace, Norfolk, VA 23513
  • /43

    $750,000

    • 3,700 Sq Ft

    410 W 28th St, Norfolk, VA 23508

    Located in the rapidly growing and improving Park Place neighborhood of Norfolk, this quadruplex at 410 W 28th St offers a prime investment opportunity. Each unit is approximately 925 sq ft and individually metered. And recently updated. Near to Norfolk's shipyards, downtown Norfolk, and in Maury High, Blair Middle, and St. Helena Elementary School District, this property is positioned for strong

    Agent Photo

    Eric Hovik

    RE/MAX Alliance

    410 W 28th St, Norfolk, VA 23508
  • /28

    $235,000

    $10K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 960 Sq Ft

    1522 Chela Ave Unit A2, Norfolk, VA 23503

    Beach living meets everyday convenience in this spacious 2-bedroom, 2-bath condo just one street from the beach! Located close to everything, this second-floor unit offers an open concept layout filled with natural light and designed for easy coastal living. The updated kitchen features ample cabinetry, a large built-in pantry, and all appliances. The generous primary suite includes a private

    Agent Photo

    Samantha Smith

    Iron Valley Real Est Norfolk

    1522 Chela Ave Unit A2, Norfolk, VA 23503
  • /11

    $389,000

    • 1,600 Sq Ft

    9220 Atwood Ave, Norfolk, VA 23503

    Beautifully renovated duplex in Norfolk's Willoughby Terrace! New flooring throughout, new cabinets, countertops and appliances. This over/under duplex has a large shared backyard. Blocks from the beach, bases and interstate. Great investment opportunity!

    Agent Photo

    Christy Allen

    Real Broker LLC

    9220 Atwood Ave, Norfolk, VA 23503
  • /43

    $359,900

    $30K PRICE INCREASE
    • 5 Beds
    • 3 Baths
    • 1,840 Sq Ft

    8911 London St, Norfolk, VA 23503

    DO NOT MISS this Fully Updated Investment Property or Your Dream Home! This spacious 5 bedroom, 3 bathroom home offers the character and craftsmanship of a classic property with the major upgrades buyers care about most already completed. Roof approximately 6 years old. Updated HVAC system 6Yrs old Updated plumbing, electrical. All major high-cost systems have been modernized, providing peace of

    Agent Photo

    Eric Hovik

    RE/MAX Alliance

    8911 London St, Norfolk, VA 23503
  • /22

    $225,000

    • 2 Beds
    • 2 Baths
    • 878 Sq Ft

    1322 W 41st St, Norfolk, VA 23508

    Great opportunity in Lamberts Point near Old Dominion University! This student-friendly home features a practical roommate-style layout with 2 bedrooms, each with its own private en suite bath. Enjoy a large back deck plus convenient access to campus, restaurants, coffee shops, and everyday conveniences. Whether you're looking for an investment property or affordable housing near ODU, this one

    Robert Rogers Real Broker LLC

    1322 W 41st St, Norfolk, VA 23508
  • /3

    $185,000

    • 3 Beds
    • 1 Bath
    • 1,596 Sq Ft

    822 Berkley Avenue Extension, Norfolk, VA 23523

    Great investment opportunity in Norfolk! This 3-bedroom, 1-bath home is full of charm and character with great curb appeal and tons of potential. The property needs updating and a complete renovation and is being sold as-is, making it ideal for investors or buyers looking to add value. Conveniently located near military bases, shopping, and major highways.

    Racheal Pridgen Keller Williams Town Center

    822 Berkley Avenue Extension, Norfolk, VA 23523
  • /24

    $175,000

    • 2 Beds
    • 1 Bath
    • 957 Sq Ft

    6529 Sorby Ct, Norfolk, VA 23513

    Charming, move-in-ready townhome, perfect as a starter home or rental investment. Fully updated in 2022 with new HVAC, new hot water heater, and luxury vinyl plank flooring. Seller offering a carpet allowance with a full-price offer. Cozy layout, low-maintenance finishes, and great potential.

    Saphire Nolan-Barnett Keller Williams Realty Twn Ctr

    6529 Sorby Ct, Norfolk, VA 23513
  • /33

    $314,900

    • 3 Beds
    • 2 Baths
    • 1,289 Sq Ft

    8125 Ferncliff Rd, Norfolk, VA 23518

    Welcome to 8125 Ferncliff Road — where charm, space, and location come together in the heart of Norfolk! This well-maintained 3 bedroom, 2 bath home offers an inviting floor plan with comfortable living spaces, great natural light, and thoughtful updates throughout! New windows add to the energy effeciency of the home. With just under 1300 sq ft. this home features a newer roof and HVAC for peace

    Greg Rosenberg Keller Williams Coastal Virginia Chesapeake

    8125 Ferncliff Rd, Norfolk, VA 23518
  • /33

    $850,000

    • 4 Beds
    • 3.5 Baths
    • 2,536 Sq Ft

    831 Little Bay Ave Unit A, Norfolk, VA 23503

    Exceptional opportunity in sought-after Ocean View, Norfolk! This beautiful single-family home offers an active short-term rental permit secured for the next 5 years — a rare and valuable asset. Featuring 4 spacious bedrooms, including two primary suites, this home is designed for flexibility and comfort. The kitchen showcases granite countertops, stainless steel appliances, and beautifully

    Sarah Grace Doyle Sand & Sea Realty

    831 Little Bay Ave Unit A, Norfolk, VA 23503
  • /13

    $455,000

    • 4 Beds
    • 3 Baths
    • 2,110 Sq Ft

    850 W 43rd St, Norfolk, VA 23508

    Investor opportunity just located between ODU’s campus & Colley Ave. Built in 2018, this newer construction home is currently rented through July 2027, offering immediate cash flow in one of Norfolk's most consistently in-demand rental markets. The spacious floor plan features a large foyer, open living and dining areas, a kitchen with granite countertops and abundant cabinetry, four generously

    Mary Elizabeth Corliss Beck Howard Hanna Real Estate Svcs.

    850 W 43rd St, Norfolk, VA 23508
  • /11

    $455,000

    • 4 Beds
    • 3 Baths
    • 1,800 Sq Ft

    1428 W 41st St, Norfolk, VA 23508

    Newer construction investment opportunity built in 2020 and located in a strong rental corridor. This well-maintained home features 4 bedrooms with the flexibility for more, making it highly desirable for a range of tenants. Currently leased through June 2027, this property offers immediate, stable cash flow and long-term investment security. The modern floor plan provides open living spaces,

    Mary Elizabeth Corliss Beck Howard Hanna Real Estate Svcs.

    1428 W 41st St, Norfolk, VA 23508
  • /10

    $455,000

    • 4 Beds
    • 3 Baths
    • 2,110 Sq Ft

    849 W 43rd St, Norfolk, VA 23508

    Excellent investment opportunity just minutes from ODU! Built in 2008, this spacious 4-bed, 3 full bath home offers the flexibility of more bedrooms & is currently tenant occupied with a lease in place thru May 2027, providing immediate & stable rental income. The home features 3 bathrooms, a large primary suite w/ 2 closets, a gas fireplace, & an eat-in kitchen with enough space for everyday

    Mary Elizabeth Corliss Beck Howard Hanna Real Estate Svcs.

    849 W 43rd St, Norfolk, VA 23508
  • /12

    $1,390,000

    • 3,700 Sq Ft

    350 Staten St, Norfolk, VA 23503

    Prime income-producing asset in Ocean View! Seize the chance to invest in a stunning, all-brick, fully renovated eight-unit apartment building just steps from the iconic Ocean View Pier, the beach, and minutes from the base. Every unit has been meticulously remodeled—fully furnished, custom cabinets, granite countertops, new appliances, all new windows. All eight-units are occupied, two units are

    Kelley Dirom RE/MAX Commonwealth

    350 Staten St, Norfolk, VA 23503
  • /4

    $250,000

    • 1,650 Sq Ft

    319 Ashlawn Dr, Norfolk, VA 23505

    Turnkey investment opportunity with immediate income potential. This under-over Cape Cod is tenant occupied and offers built-in cash flow from day one. The first-floor unit features 2 bedrooms, 1 bath, and approx. 1,000 sqft. while the upstairs unit offers 1 Bedroom and 1 Bath, creating a strong rental setup for investors looking to expand their portfolio. With existing tenants in place, this

    Wendy Carbaugh Better Homes & Gdns Ntv Am Grp

    319 Ashlawn Dr, Norfolk, VA 23505
  • /33

    $330,000

    • 4 Beds
    • 2.5 Baths
    • 2,100 Sq Ft

    2730 Myrtle Ave, Norfolk, VA 23504

    Modern conveniences meet timeless 1950’s charm at 2730 Myrtle Avenue in Norfolk! Newly renovated and move-in ready, this beautifully updated home offers the perfect blend of character, comfort, and modern style. With 4 bedrooms, 2.5 baths, and a wide open floor plan, this home is designed for today’s lifestyle while still preserving the warmth and charm buyers love. Step inside and you’ll

    Jason Houser North End Realty Group

    2730 Myrtle Ave, Norfolk, VA 23504
  • /45

    $389,000

    • 2,000 Sq Ft

    169 D View Ave, Norfolk, VA 23503

    Newly renovated over/ under duplex just 3 blocks to the beach, Ocean View Beach Park, Harris Teeter Shopping Center. Each unit features 2 bedrooms, and 1 bath, with new everything throughout. Exterior is also freshly renovated with new siding, roofing & decking. Your new residents will love the massive shaded private backyard! Two brand new sheds provide extra storage for tenants and/or owner.

    Jonathan Minerick homecoin.com

    169 D View Ave, Norfolk, VA 23503
  • /7

    $175,000

    • Land
    • 7,405 Sq Ft
    • $1,029,412 per Acre

    9530 16th Bay St, Norfolk, VA 23518

    A WATER VIEW lot! --- an excellent investment opportunity to build just in time for the spring. Central to everything in highly sough-after Ocean View. On quiet dead-end street adj to canal. Priced close to assessed value.

    Jenifer Spratley Value Up Realty LLC

    9530 16th Bay St, Norfolk, VA 23518
  • /33

    $250,000

    $10K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,112 Sq Ft

    1015 Colonial Ave Unit 4, Norfolk, VA 23507

    Discover the perfect blend of historic charm and modern convenience in this beautifully maintained 2-bedroom, 1-bath condo in the heart of Ghent. Located in a classic historic building just minutes from CHKD and Sentara Norfolk General Hospital, this home is ideal for medical professionals seeking a short, stress-free commute. The bright interior features hardwood floors, original trim work, and

    Nikita Munesh Chandiramani Coastal Towne Realty

    1015 Colonial Ave Unit 4, Norfolk, VA 23507
  • /4

    $185,000

    • 3 Beds
    • 1.5 Baths
    • 1,188 Sq Ft

    6975 Bonnot Dr, Norfolk, VA 23513

    Well maintained 3 bedroom townhouse for sale. Tenants in home on a month to month lease paying $1650 monthly. Great potential investment opportunity or for first time home buyers. Property is sold "as is". Do not disturb tenant.

    Dheshema Dailey Green Tree Real Estate Inc

    6975 Bonnot Dr, Norfolk, VA 23513
  • /34

    $419,999

    • 2 Beds
    • 2 Baths
    • 1,242 Sq Ft

    1912 E Ocean View Ave Unit A, Norfolk, VA 23503

    Beachfront living awaits in this fully furnished 2-bedroom, 2-bath first-floor condo overlooking the Chesapeake Bay. Enjoy beautiful views of the beach and bay right from your home, offering the perfect blend of coastal charm and everyday convenience. Designed for easy living, this residence features a functional open layout with comfortable living spaces, private bedroom retreats, and a private

    Kris Weaver Atlantic Sothebys Int'l Realty

    1912 E Ocean View Ave Unit A, Norfolk, VA 23503
  • /17

    $218,000

    $7K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 976 Sq Ft

    245 W Ocean View Ave Unit 102, Norfolk, VA 23503

    Located Directly Across the Street From the Beach, this BEAUTIFULLY Updated Condo Captures the Relaxed Spirit of Coastal Living in the Highly Sought-After Willoughby Beach Community!! Fresh Interior Paint, an Updated Kitchen with Modern Finishes, Renovated Bathrooms, and a Murphy Bed in the Secondary Bedroom Add Style, Comfort, and Flexibility! Rich in Coastal Charm and Designed for Carefree

    Crystal Jacques Fathom Realty

    245 W Ocean View Ave Unit 102, Norfolk, VA 23503
  • /28

    $700,000

    $20K PRICE DROP

    712 Roswell Ave, Norfolk, VA 23504

    Fantastic investment opportunity! This well-maintained six; 2 bedrooms, 1 bath-units, property offers steady income potential in a prime location. Each unit features spacious layouts and boasts ample parking. Ideal for seasoned investors or those just starting their real estate portfolio. Conveniently located near schools, shopping, and public transportation. Don't miss this chance to own a

    Kris Weaver Atlantic Sothebys Int'l Realty

    712 Roswell Ave, Norfolk, VA 23504
  • /14

    $334,000

    $5K PRICE DROP
    • 2,274 Sq Ft

    114 W 38th St, Norfolk, VA 23504

    Great investment opportunity. Property is well maintained. Shows owner pride. Nice floor plan. Nice flow. Spacious. Upper and lower level are identical. Freshly painted. New LVP flooring. Lower unit occupied with tenant. Convenient location to schools, bus line, shopping and much more.Must be sold with vacant lot at 116 W. 38th Street, Norfolk, VA 23508. Selling As-Is, seller to make no

    Fred Helm BHHS RW Towne Realty

    114 W 38th St, Norfolk, VA 23504
  • /17

    $970,000

    1005 Hillside Ave, Norfolk, VA 23503

    Fully remodeled six-unit building just two blocks from the beach, offering a rare, low-maintenance coastal investment. All units have been updated, making this a true plug-and-play addition to your portfolio with current monthly rents totaling $8,240 and room to adjust over time with the market. Each unit is on separate utility meters, simplifying management and boosting net income by shifting

    Christian Phillips Inlet Realty

    1005 Hillside Ave, Norfolk, VA 23503
  • /31

    $279,900

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft

    3509 Pleasant Ave Unit 103, Norfolk, VA 23518

    Welcome to your coastal retreat in the heart of East Ocean View! Built in 2016, this beautifully maintained first floor condo offers the superb combination of modern comfort and beachside convenience. Just a short way from the Chesapeake Bay, this 2 bedroom, 2 bathroom home features an open concept layout with luxury vinyl plank flooring, abundant natural light, and a spacious living area

    Linda Jones BHHS RW Towne Realty

    3509 Pleasant Ave Unit 103, Norfolk, VA 23518
  • /28

    $309,900

    Coming Soon
    • 4 Beds
    • 3 Baths
    • 1,794 Sq Ft

    432 W 26th St, Norfolk, VA 23517

    Square footage per tax records. This home is perfect for multi-families or if you are looking for an investment property this home is it! Perfect for military, close to all the hospitals, and downtown. Exterior has been freshly painted! New gas pack (central air and heat). Beautiful stain window in foyer conveys! Spacious living room plus a dining area that will accommodate large table and china

    Toni Minnis Wainwright Real Estate

    432 W 26th St, Norfolk, VA 23517
  • /47

    $345,000

    $5K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,042 Sq Ft

    1634 E Ocean View Ave Unit 2E, Norfolk, VA 23503

    Welcome to 1634 E Ocean View Ave, Unit 2E — a beautifully renovated condo just a few steps away from the beach in the heart Ocean View! This move-in-ready unit features gorgeous hardwood flooring, fresh neutral paint, updated lighting, updated bathrooms and a modern open-concept layout great for entertaining. The fully updated kitchen offers sleek countertops, stainless steel appliances, and a

    Kristina Price EXP Realty LLC

    1634 E Ocean View Ave Unit 2E, Norfolk, VA 23503
  • /20

    $349,900

    $10K PRICE DROP
    • 5 Beds
    • 2 Baths
    • 1,517 Sq Ft

    1417 Melrose Pkwy, Norfolk, VA 23508

    Welcome to 1417 Melrose Parkway! This 5 Bedroom, 2 bathroom home is located just a few blocks from the ODU campus. It features a huge side yard and a large deck in the backyard. This home is move-in ready but can easily be used as a rental investment. Home comes with Brand new electrical ceiling fixture, plumbing faucet fixtures, and ceiling fans. Call or click today to schedule a showing!

    Thor Manousos AtCoastal Realty

    1417 Melrose Pkwy, Norfolk, VA 23508
  • /31

    $225,000

    $43K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,153 Sq Ft

    2738 Corprew Ave, Norfolk, VA 23504

    Don’t miss this solid 1,153 sqft brick home featuring 3 spacious bedrooms and 1 full bath. Perfectly situated for an effortless lifestyle, this property is within connvienient distance to Norfolk State University and local mass transit, making it a standout for students, faculty, or commuters.Inside, you’ll find a functional layout ready for your personal touch. The exterior boasts a fully

    James Irwin World Class Realty

    2738 Corprew Ave, Norfolk, VA 23504
  • /13

    $199,000

    • 3 Beds
    • 1 Bath
    • 864 Sq Ft

    2315 Myrtle Ave, Norfolk, VA 23504

    Welcome to 2315 Myrtle Ave — perfectly positioned on a quiet cul-de-sac just a stone’s throw from Norfolk State University! This property offers an unbeatable location with quick access to campus, downtown Norfolk, shopping, dining, interstates, and entertainment. Whether you’re looking for a primary residence, student housing opportunity, or investment property, this home combines convenience

    Melissa Boyce EXP Realty LLC

    2315 Myrtle Ave, Norfolk, VA 23504
  • /25

    $255,000

    • 3 Beds
    • 1.5 Baths
    • 1,209 Sq Ft

    3325 Marne Ave, Norfolk, VA 23509

    Welcome home to 3325 Marne Ave! This charming 3-bedroom, 1.5-bath home offers 1,209 square feet of comfortable living space in an established Norfolk neighborhood. Inside, you'll find a functional layout filled with natural light and a cozy atmosphere that feels inviting from the moment you walk in. Outside, enjoy a fully fenced backyard with plenty of room for pets, play, gardening, or

    Randy Gonse Own Real Estate LLC

    3325 Marne Ave, Norfolk, VA 23509
  • /47

    $2,000,000

    • 4,020 Sq Ft

    840 W Ocean View Ave, Norfolk, VA 23503

    Rare bayfront investment opportunity on the shores of the Chesapeake Bay. Package sale includes 840 and 842 W Ocean View Ave, offering a unique combination of waterfront lifestyle and strong income potential. The bayfront duplex features panoramic water views and private beach access—great for boating, fishing, kayaking, and enjoying unforgettable sunsets. Flexible options allow you to occupy one

    David Wilkey BHHS RW Towne Realty

    840 W Ocean View Ave, Norfolk, VA 23503
  • /43

    $649,000

    • 4 Beds
    • 1.5 Baths
    • 1,648 Sq Ft

    802 W Ocean View Ave, Norfolk, VA 23503

    Turnkey investment opportunity! Short-term rental approved and being sold fully furnished, making it ready for immediate cash flow from day one. This completely renovated property offers a rare basement storage area equipped with sump pumps for added functionality and peace of mind. Enjoy convenient side parking and a private driveway, plus easy beach access just behind the home. Whether you're

    Raechel Geiss Own Real Estate LLC

    802 W Ocean View Ave, Norfolk, VA 23503
  • /10

    $415,000

    • 3 Beds
    • 3 Baths
    • 2,024 Sq Ft

    1321 W 27th St, Norfolk, VA 23508

    Investor opportunity in Lamberts Point, just moments from the exciting new Railyard District & ODU. Currently rented through May 2027, this well maintained home offers immediate cash flow & a flexible floor plan with 3 bedrooms, 3 full bathrooms, plus two additional rooms that can serve as bedrooms, offices, or bonus spaces. The open, modern layout centers around an updated kitchen featuring

    Mary Elizabeth Corliss Beck Howard Hanna Real Estate Svcs.

    1321 W 27th St, Norfolk, VA 23508
  • /50

    $1,600,000

    • 3,810 Sq Ft

    765 W 48th St, Norfolk, VA 23508

    Rare waterfront midterm rental investment opportunity! This unique quad multifamily property sits on a quiet dead-end road and backs directly to the creek with deep water access, offering incredible potential for investors or owner-occupants alike. Units 1 & 3 feature fresh paint completed in 2025. Unit 1 has new faceplates outlets, switches and all appliances convey. Updated dock improvements

    Julian Rivera Iron Valley Real Est Norfolk

    765 W 48th St, Norfolk, VA 23508
  • /13

    $455,000

    • 4 Beds
    • 3 Baths
    • 2,110 Sq Ft

    854 W 43rd St, Norfolk, VA 23508

    Investor opportunity just located between ODU’s campus & Colley Ave. Built in 2018, this newer construction home is currently rented through May 2027, offering immediate cash flow in one of Norfolk's most consistently in-demand rental markets. The spacious floor plan features a large foyer, open living and dining areas, a kitchen with granite countertops and abundant cabinetry, four generously

    Mary Elizabeth Corliss Beck Howard Hanna Real Estate Svcs.

    854 W 43rd St, Norfolk, VA 23508
  • /12

    $750,000

    511 Ashlawn Dr, Norfolk, VA 23505

    Investment opportunity in a 6-unit brick apartment building. All units have recently renovated. Currently fully occupied, this property provides strong rental income and long-term potential. To be sold with another fully renovated and fully rented 6 unit apartment building at 540 Ashlawn Drive. A great option for those looking to expand or begin their investment portfolio.

    Carrie Copenhaver Iron Valley Real Est Norfolk

    511 Ashlawn Dr, Norfolk, VA 23505
  • /18

    $275,000

    $5K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft

    2315 Westminster Ave, Norfolk, VA 23504

    Welcome to this beautifully renovated 3-bedroom, 2-bath home in the sought-after Chesterfield Heights subdivision of Norfolk, VA. This home is completely move-in ready. Enjoy brand new floors, fresh paint, modern cabinets, new appliances, and fully remodeled bathrooms throughout. Significant crawlspace extension work has also been completed, adding long-term value and peace of mind. This home is

    Angela Kennedy 1st Class Real Estate Integrity

    2315 Westminster Ave, Norfolk, VA 23504

Showing Results 1 - 40, Page 1 of 2

Home Price Trends

Median Sale Price
$327,000
Median Single Family Sale Price
$333,000
Median Townhouse Sale Price
$399,900
Median 2 Bedroom Sale Price
$241,000
Median 1 Bedroom Sale Price
$201,500
Average Price Per Sq Ft
$219
Number of Homes for Sale
567
Last 12 months Home Sales
2,867
Months of Supply
2.40
Median List Price
$330,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
28%
How to Buy a Home How to Finance a Home How to Sell a Home